Cryptos Slip Amid Market Fluctuations: DOGE and XRP Take Hit
Dogecoin's price has been testing a key support level near $0.092 as bulls try to prevent a deeper correction.
Despite the recent decline, Dogecoin remains supported by continued inflows into meme-coin spot Exchange-Traded Funds (ETFs) and whale accumulation on price dips.
However, mixed derivatives positioning suggests that bullish momentum remains cautious.
Ripple's XRP price has been trading at $1.469 after three consecutive days of losses since last week, but it still holds above the 50-day and 200-day exponential moving averages (EMAs).
The Relative Strength Index (RSI) for XRP has slipped toward a neutral 53, while the Moving Average Convergence Divergence (MACD) indicator flattening around zero hints at consolidation rather than a clean continuation impulse.